Earnings Analysis & Projections: Be Ready To Profit

April 25, 2017

 

If you want to trade with the ONLY REAL traders on the web who have over 2 decades of experience and amassed millions in profits from the markets…


Newmont Mining Plunges After Earnings, Where Is The Trade?

April 25, 2017

This morning, leading gold mining stock Newmont Mining Corp (NYSE:NEM) is declining sharply after reporting earnings. Today, NEM stock is trading lower by $1.31 to $32.39 a share. Many traders and investors are now wondering where the next major support level will be for a long side trade. Well, the answer is lower. Traders should note that NEM stock does not have major chart support until the stock reaches the $29.00 area. This is an area where traders can buy NEM stock. Until that time, the bounces in NEM stock will likely be sold by the institutional money.

 


Earnings, Earnings & More Earnings: MMM, ESRX, LMT, R & More In Play

April 25, 2017

The Euro (EUR/USD) Is Still Going Higher

April 24, 2017

Since the start of 2017 the Euro has been climbing higher against the U.S. Dollar. On January 3, 2017 the EUR/USD traded as low as 1.034. Today, the EUR/USD is trading around 1.0865. The EUR/USD has been making higher lows on the daily chart and that is usually a sign of higher prices to come in this currency pair.

How high is the EUR/USD going to trade? Well, the current chart pattern signals a potential move in the EUR/USD to around the 1.1040 level. This should complete the rally that started in January. This level in the EUR/USD should also lead to a very good shorting opportunity. Traders that want to try a short trade in the EUR/USD can use the ProShares UltraShort Euro (NYSEARCA:EUO). The downside target for the EUR/USD is for a move to the 1.02 level.


Stock Soar After French Elections, Gold & Gold Miners Slide Hard

April 24, 2017

Options Ex & Earnings Galore: V, MAT, HON, SNE, MXIM & More In Play

April 21, 2017

BUY ALERT: Major Support On Diana Shipping Inc. $DSX. We Bought Here…

April 20, 2017

I grabbed some Diana Shipping Inc. (NYSE:DSX) with my Intra-Day Stock Chat (InTheMoneyStocks) today. We accumulated shares at $4.25 for a swing trade bounce with a current target of $5.05. The reasoning for this buy is simple. The stock has fallen sharply from $6.20 down to $4.21. in the past week. At $4.25 it started hitting major support and the odds strongly favor a technical bounce back to the $5.05 level. See the stock chart below.

 

Note, I have no idea if I/we will hold it until the $5.05 target. That is a perfect world scenario. However, I am confident we will make a solid profit on it as we do and have done over the long term. Learn how to survive and profit in this market, or it will take all of your money!

 

Gareth Soloway

InTheMoneyStocks